Thursday, May 23, 2019

Stocks to watch out for today, 23-May, based on the Company’s Earnings

Following are some of the major stocks to watch out for today based on companies’ earning-prospects:
Tata Motors Limited Consolidated revenue was down 3.9% year on year.  On quarter on quarter, the revenue advanced by 12.4%
TechMahindra reported lower than expected numbers on all segments. Revenues declined by 0.6% quarter-on-quarter to Rs.8892-cr against median consensus estimate of Rs.9014-cr. 
IndusInd Bank reported Q4FY19 standalone net profit declines 62.2% yoy to Rs360cr
Cipla posted a healthy set of numbers for Q4FY19. The consolidated revenue grew by 19.1% year-on-year to Rs.4404-cr.
Bosch reported profit after tax at Rs 411.7 Cr, down 2% year on year. Revenue stood Rs 2,749.15 Cr, down 12.9%, year on year.
United Breweries Q4FY19, year-on-year. Profit after tax at Rs67.9 Cr, down 25.3%, Revenue at Rs.1,629.4Cr, up 10.7%.
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Torrent Pharma reported Net loss at Rs152Cr. Revenue at Rs1856 Cr , up 8.7%.

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